CATEGORIES: Africa, Nigerian Property Markets

Lagos Ranked Among Least Liveable Cities Globally

New analysis from the Economist Intelligence Unit (EIU) has shown that Lagos maintained its position at #137 in a survey examining liveability conditions in 140 cities across the world. Similar to 2014, Lagos ranked with the likes of Damascus in Syria, Dhaka in Bangladesh and other cities in Zimbabwe and Libya.

The liveability score is reached through analysis of five category weights, that consider factors like Stability, Healthcare, Culture and Environment, Education and Infrastructure. These indicators are scored and weighted to produce a rating, where 100 means that liveability in a city is ideal and 1 means that it is intolerable. Lagos scored 39.7.

Source: Economist Intelligence Unit
Source: Economist Intelligence Unit

The EIU noted that of the poorer-scoring cities, 14 continue to occupy the very bottom tier of liveability, where ratings fall below 50% and most aspects of living are severely restricted. Gradually increasing stability has seen marginal improvements in the score of Lagos, but the continued threat from groups like Boko Haram acts as a constraint. Minimal improvements to infrastructure, education and healthcare are also restricting ranking climbs for Nigeria’s commercial capital.

Melbourne in Australia remained the most liveable location of the 140 cities surveyed, followed by the Austrian capital, Vienna. Vancouver in Canada, which was the most liveable city surveyed until 2011, stood in third place. Globally, the EIU notes that civil unrest, acts of terror and violence have triggered stability declines. High profile terrorist shootings in France and Tunisia, and the ongoing actions of Islamic State (IS) in the Middle East have created a further heightened threat of terrorism in many countries. Meanwhile, protests over matters like police brutality, democracy and austerity have also raised the threat of civil unrest in many countries, notably the US where the deaths of a number of black people in police custody have led to widespread protests and accusations of racism. Events in Ukraine, and the subsequent sanctions imposed by many countries, continue to have knock-on effects for cities such as Kiev, Moscow and St Petersburg.

Read the report on the ei Real Estate Research Report Center.

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